Lithium South Expands Production Well Drill Program [Yahoo! Finance]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
US:NYSE Investor Relations:
posco.com/homepage/docs/eng5/jsp/invest/archive/s91b6010071l.jsp
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Source: Yahoo! Finance
pleased to announce significant progress at Well PW23-AS-02 on its flagship Hombre Muerto North Lithium Project (HMN Li Project), which is the first pumping well to be located at the Alba Sabrina claim block. Spanning 2,089 hectares, Alba Sabrina is the largest claim block in the HMN Li Project package and a key component of the corporation's lithium development efforts. Recent efforts at Well PW23-AS-02, have successfully cleared the well of sediment, leading to the flow of clear brine with strong artesian characteristics. These developments suggest potential for enhanced brine extraction rates. To maximize these benefits, an 80-kilowatt pump, significantly larger than the initially planned 50-kilowatt pump, has been contracted for the HMN Li Project. Adrian F. C. Hobkirk , President and CEO of Lithium South Development Corporation states, "These developments on the Alba Sabrina claim block could potentially enhance our operational capacity. The completion of this pumping test, a
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PKX
Sec Filings
- 4/29/24 - Form 20-F
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- PKX's page on the SEC website